View Single Post
Old 11-15-2009, 05:03 AM   #4
Fegasderty

Join Date
Mar 2008
Posts
5,023
Senior Member
Default
There seems to be yet more good news:

a) The excise tax would only go into effect from January 1, 2013, so we have another three years to lobby, kick, scream, and whatever else it takes to protest this discriminatory law against those of us living overseas who cannot use it.

b) The limit per taxpayer unit (i.e. family) would be $1,500 a year, so even a family of four like mine or five like yours, GratefulFred, would not be able to be taxed more than $1,500 per year. This is a far cry from $3,000 in my case, $3,750 in your (GratefulFred's) case, or $8,750 in my immediate surpervisor's case, but still not something I want to pay, as even $1,500 a year is a lot of money to throw away on something I can't or won't use.

Below is a link, which give the full bill in detail (at least as of now; this can change on a daily basis, but at least of of now, this is what it is):

http://www.docstoc.com/docs/11382446...ll---Full-Text

The pages dealing with the excise tax are on 31 & 32.
Fegasderty is offline


 

All times are GMT +1. The time now is 06:46 PM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
Design & Developed by Amodity.com
Copyright© Amodity